Purpose: The purpose of this study is to investigate how much continuous investment in human capital contributes to increasing labor productivity at not only individual companies but also at the national level, and causes fundamental as well as increases for labormanagement conflicts. The current research aimed to empirically demonstrate the importance of human capital investment and furthermore, based on the effect of human resource investment on labor productivity, also re-examine the role of the Labor Commission as well. Research design, data, and methodology: This study was conducted by the Korea Information Service-Financial Accounting System (KIS-FAS) using representative panel data operated by countries to measure whether long-term investment in corporate human resources affects labor productivity. Results: Two distinctive summarized results of the analysis in the Korea Credit Ratings data showed that there was a high positive correlation between corporate human resource investment and economic performance for a tenyear period from 2009 to 2018. Conclusions: The present study concluded that the role of the labor committee should be effectively formed by the labor as a mediation agency and that the role of the mediation committee members should focus more on how to strengthen the human resources management of the union.

Abstract
1. Introduction
2. Literature Review
    2.1. Theoretical approach to human capitalinvestment and labor productivity
    2.2. Labor Committee character and roleanalysis
3. Research Methods and Materials
    3.1. Research Methods
    3.2. Research Materials
4. Study Results
    4.1. Correlation analysis result
    4.2. Panel data analysis result
5. Conclusion
References

• Kwan-Su LEE(Law school, Sungkyunkwan University, Seoul, South Korea) Corresponding Author